Date: April 3, 2026
Category: Finance & Taxation
Summary:
The UK gambling sector is facing a seismic financial shift as the government’s remote gaming duty increase from 21% to 40% comes into force. The tax hike, confirmed in the Autumn Budget, targets online casino and betting profits and is expected to generate over £1 billion in additional treasury revenue by 2030. Industry analysts warn that the near-doubling of the tax burden will squeeze operator margins, potentially leading to reduced marketing spend, lower player bonuses, and further consolidation in the market. The change places the UK among the highest-taxed major iGaming jurisdictions globally, raising concerns about the competitiveness of the regulated market versus offshore operators .
